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Reverse Mortgage Specialists in Orleans, MA

Directory of reverse mortgage specialists in Orleans, Massachusetts. Verify credentials with the state mortgage licensing authority before hiring.

3 agents listed
Updated May 2026
Orleans, MA
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Massachusetts before hiring.
Showing 3 reverse mortgage specialists in Orleans, MA Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Nauset Mortgage
23 Brewster Cross Rd, Orleans, MA 02653
5082759212
Chase Home Lending
9 West Rd, Orleans, MA 02653
5087370740
Jared McGuire - Chase Home Lending Advisor - NMLS ID 463931
9 West Rd, Orleans, MA 02653
5087370740

A reverse mortgage specialist in Orleans Massachusetts helps older homeowners access home equity without selling their property. Massachusetts law requires borrowers to complete a counseling session with a HUD-approved agency before obtaining a reverse mortgage. Specialists in Orleans guide clients through the application process and explain how local property values and tax rules affect loan options.

What Does a Reverse Mortgage Specialist in Orleans Cost?

Typical costs for a reverse mortgage in Massachusetts include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title search and recording. Total closing costs often range from 3000 to 8000 dollars depending on the property value and loan type. These costs are usually financed into the loan. This is general information and not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What is a reverse mortgage and who qualifies in Orleans?
A reverse mortgage lets homeowners aged 62 or older borrow against home equity. In Massachusetts you must own your home outright or have a small mortgage balance. You also need to live in the home as your primary residence.
Are there special rules for reverse mortgages in Massachusetts?
Yes Massachusetts law mandates a 10-day right of rescission after closing. Borrowers must also receive a list of HUD-approved counseling agencies. The state requires lenders to disclose all fees and terms clearly before signing.
How do I find a reverse mortgage specialist in Orleans?
Look for a specialist licensed by the Massachusetts Division of Banks. Check that they have experience with FHA-insured Home Equity Conversion Mortgages. Local real estate agents and senior centers in Orleans can also provide referrals.